228 Seven Cove Ln #306Kimberling CityMO65686
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Kimberling City at 228 Seven Cove Ln #306, Kimberling City, MO, 65686 earns from $1,380/mo rent with a $2,496/mo payment. Total monthly income totals $1,380/mo. ROI tracks 7.22% on current figures, and rental yield reads 3.25% at a $510,000 purchase. Equity gained on principal adds $3,291/yr, and 5% annual appreciation supports $140,904 over five years. Five-year ROI reaches 34.78% and total cumulative return in cash sums $58,359. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,380/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65686, Kimberling City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,481 (100%) |
| Owner Occupied HU | 1,882 (54.1%) |
| Renter Occupied HU | 335 ( 9.6%) |
| Vacant Housing Units | 1,264 (36.3%) |
| Median Home Value | $309,783 |
| Average Home Value | $402,632 |
Housing Distribution
Address Breakdown
Residential
2,587
Single Family
2,335
Multi-Family
252
Businesses
196
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Listed by: Barbara Beaumont • ReeceNichols - Kimberling City
Mls Name: ReeceNichols Real Estate
Mls ID: #60313322